Form 10-Q · Quarterly report
Kraft Heinz 10-Q, filed Nov 4, 2026
- Filed
- CIK
- 0001637459
- Accession no.
- 0001637459-26-000081
Summary
Kraft Heinz reported lower third-quarter and nine-month net sales and net income for the period ended September 26, 2026, and said it has paused work on the planned spin-off into two publicly traded companies. The company said it expects supply-chain inflationary pressures to rise in the fourth quarter of 2026 partly because of the Iran Conflict, and that modifications to SNAP under the One Big Beautiful Bill Act have reduced demand for its products.
Key points
- Kraft Heinz reported third-quarter net sales of $6.1 billion, down 2.0% from a year earlier, and net income of $536 million, down 12.6%, with diluted EPS of $0.46.
- For the nine months ended September 26, 2026, net sales were $18.4 billion, down 0.9%, and the company recorded a net loss of $4.1 billion.
- Kraft Heinz paused work on its previously announced plan to split into two publicly traded companies and incurred $90 million of separation costs over the nine months, including $24 million in the third quarter.
- Kraft Heinz combined its West and East Emerging Markets and Asia Emerging Markets units into one Emerging Markets segment and moved certain European countries into Europe and Pacific Developed Markets, leaving three reportable segments.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion Overview Objective: The following discussion provides an analysis of our financial condition and results of operations from management's perspective and should be read in conjunction with the condensed consolidated financial statements and related notes included in Item 1, Financial Statements, of this Quarterly Report on Form 10-Q. Our objective is to also provide discussion of material events and uncertainties known to management that are reasonably likely to cause reported financial information not to be indicative of future operating results or of future financial condition and to offer information that provides an understanding of our financial…
An excerpt of the text as filed with the SEC, cut for length.
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